New agreements will help improve road safety around the world.
Highway & Network Management / November 18, 2020
- A series of agreements will help boost road safety around the world. Eight multilateral development banks (MDBs) are making a joint commitment to boost global road safety.
This move is desperately needed as road crashes claim almost 1.25 million lives/year and are considered to be a rapidly growing public health hazard.
The statement was signed by the African Development Bank, the Asian Development Bank, the Development Bank of Latin America, the European Bank for Reconstruction and Development, the European Investment Bank, the Inter-American Development Bank, the Islamic Development Bank and the World Bank.
Nandita Parshad, EBRD managing director, Sustainable Infrastructure Group, said:
- “As responsible investors we are taking road safety issues seriously and are committed to contributing to significant improvements. The EBRD’s activities to date include road safety audits conducted in 12 countries, local awareness campaigns across our regions and close cooperation with the road agencies of Serbia and Ukraine, which have adopted international road safety management systems. For the private sector, we have developed an occupational road risk toolkit and e-learning programme, among other measures. We believe that joint action with our fellow MDBs is the right way forward and today’s statement is an important milestone in this process.”